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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Khazanah considers releasing Islamic bonds to finance business expansions

Posted on 26 November 2014

Malaysia’s state-owned sovereign wealth fund is giving the government’s green financing initiative a boost with a plan to sell the nation’s first sukuk under socially responsible investment guidelines.
Khazanah Nasional Bhd. is considering issuing a benchmark sized ringgit-denominated Islamic bond to finance expansion in its education or renewable energy businesses, Chief Financial Officer Mohd Izani Ghani said in November 20 interview in Kuala Lumpur. The notes will probably be issued in the second half of 2015, he said………………………………..Full Article: Source


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